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Follow The Money Trend Trading Strategy
The logic of the device is easy: whilst the charge bounces or breaks thru the primary TMA strains, it method that the rate is prepared for a reversal, so you need to follow the arrows within the new path.
how to make money on binary options, Follow The Money fashion buying and selling approach is a fashion gadget that makes use of dynamic assist and resistance ranges.

The logic of the system is simple: while the price bounces or breaks thru the primary TMA lines, it way that the price is prepared for a reversal, so that you need to comply with the arrows within the new direction. For example, if the price went down and broke thru the primary inexperienced TMA, we look ahead to the formation of a buy arrow generated by means of the volatility bands, and follow it.

Input parameters
Currency pairs: any
Timeframe: M30 and H1
Trading hours: any time
Risk management: pick out such lots length that the chance is not any greater than 2-5% of the deposit consistent with exchange
Indicators used
Xard
Jurik Volty bands (34)
SM Lazi TMA Bands
Installing indicators and a machine template
Unpack the archive with templates and indicators
Copy the signs to the MQL4 folder -> signs>
Copy the templates to the templates folder
Restarting the terminal
Opening the chart of the desired currency pair
Install a template named Follow The Money
The graph ought to look like this:

Follow The Money Trend Trading Strategy
Follow The Money Trading Strategy Template
Signals indicating the outlet of a purchase position
the price bounces off the stable inexperienced TMA line or breaks it from the lowest up.
a buy arrow appears.
Follow The Money Trend Trading Strategy
Example of coming into a buy transaction
Signals indicating the hole of a promote role
the price bounces off the strong pink TMA line or breaks thru it from top to backside.
there may be an arrow on the market.
Follow The Money Trend Trading Strategy
Example of entering a sale transaction
Setting forestall loss and take earnings
prevent loss is ready above/beneath the preceding local high/low.
take profit is ready at a ratio of one.25: 1 to forestall loss or at one of the TMA traces.
Before the use of the Follow The Money trend trading strategy on a stay deposit, we advise testing it on a demo account.
Homepage: https://blog.vfxalert.com/en/t/simple-strategy-follow-the-money?utm_source=guestpostrx
     
 
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